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Rupee down 10 paise at 67.84 vs US dollar in early trade
  The rupee weakened by 10 paise to 67.84 against the US dollar in early trade on tuesday at the Interbank Foreign Exchange on month-end dollar demand from importers amid capital outflows.The domestic currency yesterday closed at 67.74 per dollar with ...
Modi promises more reforms, says note ban short-term pain
  Prime Minister Narendra Modi hinted at unleashing more radical reforms, saying his government will not shy away from taking difficult decisions that are in national interest and admitted the note ban caused "short-term pain".Inaugurating a new educat...
Rupee recoups 6 paise against dollar
  The rupee edged higher by 6 paise to 67.81 against the US dollar at the forex market in early trade today on fresh selling of the American currency by exporters.Besides, the dollar's weakness against some currencies overseas and early gains in the do...
Need clear tax laws to prevent black money creation:Niti chief
  Terming taxation laws in the country as "ill-defined", Niti Aayog vice-chairman Arvind Panagariya today called for removing ambiguities in them so as to do away with "discretion of the tax officer".He also said that demonetisation of high value curre...
Sensex at two-week high, up 44 pts in choppy trade
  Rising for the third straight session, benchmark Sensex gained about 44 points to close at over two-week high of 26,394.01 on gains in select bluechips.Sentiment remained upbeat for the better part of the day after the government on Monday provided y...
Pay 50% tax on unaccounted deposits, or 85% if caught: govt
  Providing a window to black money holders, the government proposed to levy a total tax, penalty and surcharge of 50 per cent on the amount deposited post demonetisation while higher taxes and stiffer penalty of up to 85 per cent await those who don't...
Hopeful to achieve tax collection target: CBDT chief
  The CBDT on monday said it is hopeful of meeting the direct tax collection target for this financial year.Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra told reporters here that the Income Tax department "expects to meet the target" and...
Govt extends toll exemption on NHs till Dec 2
  To ensure smooth traffic flow and mitigate currency hardships, the government has further extended the date for toll exemption on National Highways till mid-night of December 2.The government also said the scrapped Rs 500 notes will be accepted at to...
New rules on cash withdrawal as of 21 November
  With many restrictions on money exchange imposed by the government last week, chaos and rush at banks eased but the situation did not improve at ATMs as people were still seen waiting in long queues to withdraw money. The banks opened on Monday after...
Notes Exchange Limited To Rs. 2,000 Starting from Friday
  The limit for swapping notes at banks has been reduced from Rs. 4,500 to Rs. 2,000 for each person from Friday. Economic Affairs Secretary Shaktikanta Das said this would give more people a chance to exchange banned Rs. ...
 
 
 
           
 
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